Law firms' average collection rates in the U.S. by practice area 2020-2023

Published by
Raphael Bohne,
Apr 30, 2024
In 2023, medical malpractice law firms had the highest collection rate in the United States. In that year, on average, almost all bills were collected by firms specializing in medical malpractice law. The collection rate is measured as the amount that a firm collects compared to the amount invoiced.

Average collection rate of law firms in the United States from 2020 to 2023, by practice area

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Release date

December 2023

Region

United States

Survey time period

2020 to 2023

Number of respondents

1,446 respondents

Special properties

legal professionals

Supplementary notes

Survey method was not stated by the source.

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